Hello,
I want to start a bigger mining farm exploiting my cheap access to electricity. Which miner is most profitable at 0.01 usd/kwh? I mean, where you get most bang for the buck.
I have been looking at buying 100-200 L3+ miners, as i found them to be more profitable than the newer s19 machines for example for the same amount of money.
For 100 L3+ miners, my costs would be 0.01 usd/kwh + 300 usd/month (Cost of housing them) + 700 usd/month (Electric) all amounts are approximate.
I estabished contacts with a big reputable Chinese seller and after a lot of discussion back and forth, we agreed on 6000 usd for 100 L3+ miners. Every machine will be tested before sending it, shipping costs will be about 800-1200 usd, cheapest and slowest option. Is this a good deal? Or would you guys propose another miner?
Something that worries me a little bit is how the profits will look like after LTC will be halved, that is going to happen soon. And Im worried if this will make my setup unprofitable?
Maybe there is another miner out there, that is quite cheap right now to buy due to high watt usage, but which can be profitable at low electric costs?
Best regards all, will be happy to receive any advice.
there is no legal 0.01$ electric price in the world, if exist there is only quota based on. even you make your own electric, 0.01 is hardly to achieve, solar only produce 0.03 in terms cost of facility/25 years maintenance. hydro can achieve 0.01. but to be honest, 0.01 is just like free electric, you can throw anything without any loss even a decade old hardware  I agree with you that there are no such cheap prices for mining companies, but nuclear power can give 2 cents when building a modern power plant. Although in Russia, in places where there is hydropower, there is also a tariff of 2 cents for the population, but consumption is limited there. There is no possibility for such electricity price as you say but let's say the OP has it.The best bang would surely be L7 Antminer at 9500 Mhsh for Litecoin plus Doge mining.I think it is better to have this rather than other devices and have fewer of them,as 1 of them equals to 11-12 L3+ or even more than them,so rather than going with 100 such L3 Antminers it would be great to go with 8-9 L7 Antminers which are managed in a much easier way rather than to manage 100 devices. At this price of electricity, any ASIC will be profitable after the halving of Litecoin and Bitcoin. It is not necessary to buy asics for one algorithm, you can buy asics for both bitcoin and litecoin to reduce risks if the price of one of the coins rises more. |
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January 1st, 2023, approximately 15.3B KAS will have been mined (53.3%) January 1st, 2024, approximately 21.9B KAS will have been mined (76.3%) January 1st, 2025, approximately 25.1B KAS will have been mined (87.4%) July 10th, 2026, about 95% of all KAS will have been mined https://kaspa.org/tokenomics-emission-and-mining/Kaspa has such an emission, and the interest of miners will also be incomprehensible there when 95% of the coins are mined. |
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In Russia, the process of adopting a law on mining is underway. $0.065/Kwh for Irkutsk is very expensive, although if $0.03/Kwh were written, then most likely this is underground mining, which works until the equipment is confiscated. You need a customs declaration for asics, although in Russia it is possible without it  |
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NVIDIA announced that it will be providing two memory configurations for its latest desktop graphics card, the RTX 4060 Ti, part of the Ada Lovelace family. This new card boasts an 16GB of GDDR6 memory, which is double the capacity of the currently available RTX 4060 Ti SKU. However, despite NVIDIA’s expectations, there seems to be a lack of interest from gamers, as we have previously reported.
The initial release of the RTX 4060 Ti with 8GB of memory was priced at $399, which many consider to be quite high, especially when compared to the competitive offerings from AMD’s RDNA2 and Intel’s Arc series in terms of price-to-performance ratio. Despite this, NVIDIA has not altered its plans for the RTX 4060 non-Ti model, which is priced $100 lower, yet still fails to generate much excitement among gamers.
Now, NVIDIA is making another attempt with the upcoming 16GB Ti model, which will be priced at $499. However, it’s important to note that this increase in memory capacity will be the only significant change, as the GPU core count, the limited 128-bit memory bus, and even the TDP will remain the same. As a result, the advantages of upgrading to a higher memory capacity will be relatively minor.https://videocardz.com/newz/very-few-nvidia-board-partners-interested-in-promoting-geforce-rtx-4060-ti-with-16gb-memory
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Dudes he specify it. He has 500w per h, so he has for the whole day 24x500w/h = 12kw/h per day
Then I don't understand his electricity prices to earn 100-120 euros with 12kw/h per day or 360kw/h per month. Who buys electricity at 0.28 euro per kw/h? I know that such prices exist, but in these countries it is unprofitable to engage in mining, but it is better to build solar panels if there is a quota. |
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Hello,
I want to start a bigger mining farm exploiting my cheap access to electricity. Which miner is most profitable at 0.01 usd/kwh? I mean, where you get most bang for the buck.
I have been looking at buying 100-200 L3+ miners, as i found them to be more profitable than the newer s19 machines for example for the same amount of money.
For 100 L3+ miners, my costs would be 0.01 usd/kwh + 300 usd/month (Cost of housing them) + 700 usd/month (Electric) all amounts are approximate.
I estabished contacts with a big reputable Chinese seller and after a lot of discussion back and forth, we agreed on 6000 usd for 100 L3+ miners. Every machine will be tested before sending it, shipping costs will be about 800-1200 usd, cheapest and slowest option. Is this a good deal? Or would you guys propose another miner?
Something that worries me a little bit is how the profits will look like after LTC will be halved, that is going to happen soon. And Im worried if this will make my setup unprofitable?
Maybe there is another miner out there, that is quite cheap right now to buy due to high watt usage, but which can be profitable at low electric costs?
Best regards all, will be happy to receive any advice.
there is no legal 0.01$ electric price in the world, if exist there is only quota based on. even you make your own electric, 0.01 is hardly to achieve, solar only produce 0.03 in terms cost of facility/25 years maintenance. hydro can achieve 0.01. but to be honest, 0.01 is just like free electric, you can throw anything without any loss even a decade old hardware I agree with you that there are no such cheap prices for mining companies, but nuclear power can give 2 cents when building a modern power plant. Although in Russia, in places where there is hydropower, there is also a tariff of 2 cents for the population, but consumption is limited there. |
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i would stay with scrypt/sha256 miner, the coins has support was quite enough to handle many miner compared ethash miner which is barely life when seeing profitable fact is not eye candy number while this thing not even came out, imagine hit full market spread, the diff gonna hit roof and leaving big block of mineral I would look at the profit, and for mining Ethereum classic there are very quiet ASICs that can be used in a house or apartment. Asics for bitcoin mining are completely unsuitable for home mining today and I have not seen quiet models for a long time. |
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BzMiner v15.4.1 -- What's in this release (v15.4.1 hotfix) Zil epoch 1 issue fixed Improved time to zil window status Fixed clore/xna rejected shares not showing Fixed reconnection log -- What's in this release (v15.4.0) Added new coin: clore Added new coin: xna (Neurai) Fixed low zil, etc, ethw and octa hashrate Increased dev fee for rvn, meowcoin, and neoxa to 1% Fixed possible crash on startup Fixed up some logging https://github.com/bzminer/bzminer/releases/tag/v15.4.1Check all links with first post from the developer
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Rigel 1.6.2(ZIL) Cache DAG for epoch 1, following ZIL epoch change (Nexa) Add --nexapow-small-lut on/off parameter to enforce using small lookup tables Display pool latency before the first share submission Bug fixes: (Nicehash) unexpected EOF error when mining ETC Miner crashes when mining ETC + KAS using Turing GPUs https://github.com/rigelminer/rigel/releases/tag/1.6.2Check all links with first post from the developer.
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I'm talking about exchanges where they trade shitcoins for miners. The price has already dropped by 50%, and you want to lose more money?
The mining of this coin is not profitable, and the project does not have money to be added to new exchanges, so the coin may die on this exchange
Just another pump and dump shitcoin Lol Those who make money are the folks who bought it before it pumped or got known to buy many people. Anybody else who just joins due to FOMO gets the accounts burned Maybe the next bull run can help keep it a float for a while On such exchanges, miners sell these shitcoins. There are no opportunities to earn a lot of money for a trader. If someone wants to take risks, then 100 dollars is even a lot. But such coins can be mined in advance, but not all of them go to the exchanges. Such coins do not have a premine and how to buy them if they are not yet traded on exchanges? |
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Ethereum Improvement Proposal 1153 is set to change the way Ethereum (ETH) blockchain processes the data. As a more advanced storage function, it will make the second largest blockchain more gas efficient than ever before.
Here's how Ethereum (ETH) becomes more gas efficient with EIP-1153
Uniswap v4, a much-anticipated release by the world's most popular DEX Uniswap, will rely on EIP-1153 "Transient Storage Opcodes," the new thread says. Therefore, it will allow traders and liquidity providers to save on gas fees.https://cryptonews.net/news/ethereum/21305186/
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So basically mr v and his meth has buried all of gpu mining ⛏️ no real substantial coin for all those gpus.
Dead and gone for now! The new project would really have to be huge or at least close to what Ethereum was, if the profitability is going to be meaningful. Imagine all the GPUs waiting out there for the next most profitable coin  A new project may make mining on old video cards unprofitable and require a video card with more memory to cut off all the old series. Nvidia can make a new ethereum with a 12 GB DAG file and buy these coins to stimulate sales of new video cards. Asics will not be able to mine such an algorithm, they have no more than 8 GB of memory. |
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dual ETC/ZIL 47MH @ 157W stable now (unstable should be able to go up to 52MH with over 180W)  Check out this thread if you are mining ethereum classic. I think you mine very few coins with a hashrate of 47MH. https://bitcointalk.org/index.php?topic=5455835.msg62379358#msg62379358And with the growth of the DAG file, the hashrate will decrease or you will have to add a power limit for this video card, but most likely you will get tired of such mining earlier. New ASICs for Ethereum Classic will be released soon. |
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Payback less than 20 days https://www.asicminervalue.com/miners/bitmain/antminer-ks3-8-3thNice donkey trap. You will pay $36,000 and get the ASIC later, and most likely when you get it, the payback will increase by 10-20 times. Every day, the profit will fall sharply, and whoever gets ASICs first will pay off faster. And look at the graph of miner rewards on this coin. |
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mining getting less and less desire from today crypto world, only from OG and early crypto nerds still get going,
many big player already rekt from mining industry, and to much hardware flooding the market really was different back then when mining still favorable investment
after the eth switch its really devastated lot of mining industry, there is no mineable coin big enough to carry lot of hardware and network participant.
 In the picture, not all coins are for mining on graphics cards, but the GPU miners haven't given up yet. Many miners now have no profit or it is small, but not all miners sold video cards, but only temporarily turned it off. According to the forecast, in 2024 everyone is waiting for the new GPU season. |
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AMD BC-160 has over 70mh on ETC or around 130 - 140mh on ergo for $89 used, or 6700xt nitros for $150 if you want to use AMD cards.
I wouldn´t buy 5700xt anymore, yes the price for used cards is around $100 but it is to old. the same with the bc-160 card (5700 with hbm2 memory), nice card with nice hashrates, but you get more power efficient cards if you want.
The 3060m or 3070m cards are the way to go, damn cheap, power efficient like the normal 3060 cards and you can get really big amount of this cards
Nicehash is not the best option -> they do too much shit in the past and i wouldn´t support an 51% attack service.
You can use zergpool (lowest fees), miningdutch, magicpool..... and so on for mining altcoins direct into BTC
The 6700xt I would buy for $150 gaming. This is an excellent price. 3060m or 3070m are home-made video cards, when a video chip from a laptop is soldered to a video card textolite board through an adapter? There are no guarantees for such video cards and it is difficult to sell them later. |
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Hello people
i have solar power installed in my house and lets say i have about free 500w that i can spend to a rig (with more than 500w i would spend more than i produce)
i have two options
A) i can sell the extra power that i produce back to the electricity company thats about 1000smth euro per year or 100-120 per month and thats a stable profit
b) i can use all the remaining free kW to mine something
what would you do if you were me?
thanks in advance
500w solar power only manage produce 2,5kw/day at most so 2,5 x 30 =75kw x 0.1$ = 7.5$ monthly thats the truth just if you can produce 82kw/day using antminer L7 nicehash scrypt you can get 20$/day, to be honest to produce 82kw/day you need atleast 82/5= around 17kw sollar cell, and with some lifepo4 batteries to fuel 82kw capacity minimum all those requirtment cost heavy, and yes you get more profit mining instead if you already had the facility & electricity company paid under 0.2$/kwh Maybe in his country, the state subsidizes green electricity and energy companies buy electricity at high prices for households. The batteries in the house will be enough for lighting at night, but not for mining, if it is not a lot of batteries. There are many ambiguities here, but if the author does not appear, then he has already made a choice. |
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Автор: iwantmyhomepaidwithbtc2Оригинальная тема: "Not your keys, Not your coins" is not enough
« Not your Keys, Not your Coins ». « Не храните ваши биткоины на крипто биржах » Это отличные советы, и любой разумный человек, проявляющий неподдельный интерес к биткоину, не должен их игнорировать. Нет необходимости объяснять почему, если учесть количество скандалов, скамов, exit скамов, счетов, замороженных/арестованных различными CEX; давайте не будем забывать, CEX работают рука об руку с правительствами. Все кто об этом говорят, знают, что CEX ненадежны, не и работают в интересах пользователей, и это правильно. Люди останавливаются на этапе хранения биткоинов. Этого недостаточно. Есть еще один важный шаг: обмен биткоина. Так почему бы просто не посоветовать людям полностью прекратить использование CEX? Биткойн по своей природе децентрализован ,зачем делать его централизованным? Почему CEX, которая не заслуживает хранения наших активов, наших криптовалют, должна заслуживать того, чтобы ей оставили нашу банковскую и личную информацию? Действительно ли так важно рисковать тем, что ваши средства будут заморожены, вы передадите свои персональные данные и обогатите других людей? Кто хочет внести свой вклад в благосостояние CZ, или поощрять Coinbase в их отвратительной практике ? Некоторые ответят, что пользователи CEX выбирают "удобство". Даже это неправда! Насколько передача вашего KYC в Binance и использование их пользовательского интерфейса проще, чем установка и использование приложения Peachbitcoin (например)? Это не так! Единственная причина, по которой CEX находятся в таком положении, заключается в том, что они извлекают выгоду из значительных рекламных ресурсов. В нашем распоряжении есть эффективные, быстрые, простые, удобные P2P-решения. Например: : - Bisq, отличная P2P-биржа, ориентированная на конфиденциальность - PeachBitcoin, их девиз #KYCfree - Robosats, просто и эффективно для тех, кто использует сеть Lightning - Majestic Bank, здесь вы можете обменивать BTC и XMR безопасным и конфиденциальным способом. - LocalMonero, еще одна платформа P2P обмена ; ориентированная на конфиденциальность Есть много других, которые вы можете легко найти на kycnot.meТак почему бы не посоветовать людям пользоваться этими сервисами в дополнение к использованию не кастодиального кошелька? Почему мы не должны с таким же энтузиазмом советовать людям не использовать CEX и не регистрироваться там, как мы относимся к тому, чтобы не хранить там BTC? Not your keys, not your coins. Вообще забудьте о CEX.
P.S.: В этой теме автора не интересуют альткоины и продукты типа launchpad/launch pool, статья только об обмене и хранении биткоинов. Автор уверен, что какая-либо платформа не оправдывает процедуру KYC, но каждый человек сам определяет свои приоритеты. |
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I'm looking into using my gpus as stable, remotely controlled source of heat, so what setups most stable do you find? I do autolycos/eth/etc/zilhash on amd. whats up with 1080ti/nvidia? is phoenix still the most stable + vs hash output on dagger-hashimoto /(ethash) what else is there worth engaging with? any interesting chains?
The GTX 1080 TI is useless as a mining graphics card and as a heat source today. The dagger-hashimoto / (ethash/etcash) algorithm is now filled with asics and video cards are useless there. Old equipment does not always work stably. If my friend asked me what to mine with such a GPU, I would advise you to sell it and buy cryptocurrencies. I'd mostly agree with your suggestion. however not valid in my particular case for many reasons. one of the most obvious - I have no physical access to these cards/rig since the end of 2019:) Also if you have hw that ROIed itself many times over and you can get hold on some wasted excess electricity with near zero maintenance costs you can feel safe mining for whatever purposes. You may even think of getting some new powerful gpus with 7nm process and below, with all the recent moves in AI space the demand for massive compute may turn into something else in the future... I have video cards that have paid for themselves many times over, but they are still turned off. 1 video card gives a profit of 6-10 dollars per month, and it’s more profitable for me to buy cryptocurrency today if mining is for accumulating shitcoins.I'd love to buy new video cards, but I don't know how to pay for them. In mining, they will pay off more than 3-5 years. |
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Hello
I'm thinking between video cards for mining.
if there are any recommendations for an AMD card at reasonable prices in relation the mining profit
Or it's better to wait for the prices to drop.
good luck everyone.
for the price rx 6700xt was the sweet spot in some country, for the very moment there is no profitable mineable coin out there, just buy the used gpus and gain your knowledge this is the best time, and try buy some sha256 asic to for mixing your rigs, dont focus only in gpus asic still doable even at 0.1$ electric price, good luck may the force be with you It is a bad idea to buy before the halving not a new and modern ASIC for bitcoin with an electricity price of 10 cents per kilowatt. It is not difficult to learn how to set up ASICs, any novice miner without experience can do this, but miners usually do not have such a power consumption limit, and all efforts due to 1 ASIC are in vain. |
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